RIAs who aim to protect clients against downside risk may leverage next-gen, commission-free fixed indexed annuities (FIAs) available on the RetireOne platform. Allocations are made via crediting methods that follow indexes like the S&P 500, or the Russell 2000. Investors may capture market upside via these crediting methods, while protecting their investments from market losses.
Bear in mind that withdrawals above the annual allowable amount, generally 10%, may be subject to surrender penalties, and a market value adjustment (“MVA”). Also, upside may be limited by caps or participation rates set by the insurance company.
Because growth potential is limited, fixed indexed annuities are fairly conservative investments that may be used to complement fixed-income allocations in client portfolios.
wdt_ID | Insurance Company | Product | Solution Type | Return of Premium Death Benefit | Investment Options/Crediting Methods | Fund Families | Fixed Account Availability | Ultra Low-Cost Funds | Surrender Penalty | Lifetime Income Benefit | Penalty Free Withdrawals | Systematic Withdrawals | Dollar-Cost Averaging |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Allianz Life | Index Advantage ADV℠ | Index-Linked Annuity | included in M&E charge | 4 | N/A | No | No | Yes | No | Yes | Yes | No |
2 | Allianz Life | Retirement Foundation ADV℠ | Fixed Indexed Annuity | 4 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
3 | Ameritas | Advisor No-Load VA | Variable Annuity | included in M&E charge | 65 | 15 | Yes | DFA & Vanguard | No | No | Yes | Yes | Yes |
4 | Ameritas | Compass SPIA | Single Premium Immediate Annuity | N/A | N/A | Yes | N/A | No | Yes | Yes | N/A | No | |
5 | Ameritas | SPDA 2000 | Single Premium Deferred Annuity | N/A | N/A | Yes | N/A | Yes | N/A | Yes | Yes | No | |
6 | Ameritas | Advisor II VUL | Variable Universal Life | N/A | N/A | N/A | N/A | No | N/A | N/A | N/A | N/A | |
7 | Ameritas | Value Plus Term Life Insurance | Term Life Insurance | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
10 | Great American Life | Index Protector℠ 7 | Fixed Indexed Annuity | 5 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
11 | Nationwide | New Heights® 9 | Fixed Indexed Annuity | 4 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
12 | Symetra | Advisory Edge | Fixed Indexed Annuity | 2 | N/A | Yes | N/A | Yes | No | Yes | Yes | No | |
13 | Symetra | Advisory Income Edge | Fixed Indexed Annuity | N/A | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
14 | TIAA Life | Intelligent Variable Annuity | Variable Annuity | 0.10% | 66 | 20 | No | DFA & Vanguard | No | No | Yes | Yes | Yes |
15 | TIAA Life | Investment Horizon | Multi-Year Guaranteed Annuity | N/A | N/A | Yes | N/A | Yes | No | No | N/A | No | |
17 | Transamerica | I-Share II Variable Annuity | Variable Annuity | 0.10% | 68 | 9 | Yes | Vanguard (a) | No | No | Yes | Yes | Yes |
18 | Jackson | Jackson Retirement Investment AnnuitySM | Variable Annuity | 0.20% | 110 | 31 | Yes | Yes | No | Yes | Yes | Yes | Yes |
20 | Jackson | Perspective Advisory II® | Variable Annuity | 0.20% | 146 | 35 | Yes | Yes | No | Yes | Yes | Yes | Yes |
21 | Jackson | Marketprotector AdvisorySM | Fixed Indexed Annuity | 2 | N/A | Yes | N/A | No | Yes | Yes | Yes | No | |
22 | Great American Life | Index Protector 5 MVA℠ | Fixed Indexed Annuity | 5 | N/A | Yes | N/A | Yes | Yes | ||||
23 | Great American Life | Index Protector 4℠ | Fixed Indexed Annuity | 5 | N/A | Yes | N/A | Yes | Yes | Yes | |||
24 | Protective Life | Investors Benefit Advisory VA | Variable Annuity | 0.20% | 83 | 12 | Yes | Yes, DFA & Vanguard | No | Yes | Yes | Yes | Yes |
25 | Pacific Life Insurance | Pacific Odyssey® | Variable Annuity | included in M&E charge | 96 | 19 | Yes, DFA | Yes | Yes | Yes | Yes | ||
26 | Pacific Life Insurance | Pacific Index Advisory® | Fixed Indexed Annuity | 0.40% | 2 | N/A | Yes | N/A | Yes | No | Yes | Yes | No |
27 | Midland National | IndexMax ADVSM 5 | Fixed Indexed Annuity | 2 | N/A | Yes | N/A | Yes | No | Yes | Yes | No | |
28 | Midland National | IndexMax ADVSM 7 | Fixed Indexed Annuity | 2 | N/A | Yes | N/A | Yes | No | Yes | Yes | No | |
29 | Pacific Life Insurance | Pacific Advisory Variable Annuity | Variable Annuity | 0.15% | 83 | 24 | No | DFA & Vanguard | No | Yes | Yes | Yes | Yes |
30 | Midland National | ConstanceSM CDA | Contingent Deferred Annuity | N/A | 215 | 18 | N/A | Yes | N/A | Yes | Yes | N/A | N/A |
31 | Jackson | Jackson Market Link ProSM Advisory | Index-Linked Annuity | included through age 75 | 50 segment options | 3 | Yes | N/A | No | No | Yes | Yes | No |
32 | Allianz Life | Index Advantage Income ADVSM | Index-Linked Annuity | 31 | N/A | N/A | No | Yes | Yes | Yes | No | ||
33 | American Life | American Classic MYGA | Multi-Year Guaranteed Annuity | Yes | Yes | Yes | |||||||
34 | Midland National | Oak ADVantageSM | Multi-Year Guaranteed Annuity | Yes | Yes | Yes | Yes | ||||||
35 | Great American Life | Advantage 5 Advisory | Multi-Year Guaranteed Annuity | No | No | Yes | No | Yes | No | Yes | Yes | No |
wdt_ID | Insurance Company | Product | Solution Type | M&E Charge/Product Fee | Admin Charge | Return of Premium Death Benefit Fee | Annual Contract Maintenance or Subscription Fee† | Portfolio Expense Range (a) | Average Portfolio Expense (a) | Surrender Charge Schedule | Penalty Free % |
---|---|---|---|---|---|---|---|---|---|---|---|
1 | Allianz Life | Index Advantage ADV℠ | Index-Linked Annuity | 0.25% | 0.00% | included in M&E charge | $50 < 100k | 0.65%-0.73% | 0.69% | 6.5,6,5,4,3,2 | 10% |
2 | Allianz Life | Retirement Foundation ADV℠ | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 6.5,6,5,4,3,2,1 | 10% |
3 | Ameritas | Advisor No-Load VA | Variable Annuity | 0.45% | 0.00% | included in M&E charge | $40 < $50k | 0.15%-3.76% | 0.76% | N/A | 100% |
4 | Ameritas | Compass SPIA | Single Premium Immediate Annuity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | None |
5 | Ameritas | SPDA 2000 | Single Premium Deferred Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 7,6,5,4,3,2 | 10% |
6 | Ameritas | Advisor II VUL | Variable Universal Life | 0.70% years 1-15, .10% years 16+ | N/A | N/A | N/A | N/A | N/A | N/A | |
7 | Ameritas | Value Plus Term Life Insurance | Term Life Insurance | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
10 | Great American Life | Index Protector℠ 7 | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 7,7,7,6,5,4,3 | 10% |
11 | Nationwide | New Heights® 9 | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 9,9,9,9,8,7,6,5,4 (some states differ) | 7% |
12 | Symetra | Advisory Edge | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 7 or 5 yr. Both 2%. Different in CA | 10% |
13 | Symetra | Advisory Income Edge | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 7 year 2%. Different in CA | 10% |
14 | TIAA Life | Intelligent Variable Annuity | Variable Annuity | Tiered: .50%,.35%,.25% | 0.00% | 0.10% | $25 < $25k | 0.09%-1.37% | 0.69% | N/A | 100% |
15 | TIAA Life | Investment Horizon | Multi-Year Guaranteed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 6 months of interest | Interest Only systematic |
17 | Transamerica | I-Share II Variable Annuity | Variable Annuity | 0.20% | 0.00% | 0.30%, 0.60% annual step-up | $35 < $100k | 0.57%-2.22% | 1.02% | N/A | 100% |
18 | Jackson | Jackson Retirement Investment AnnuitySM | Variable Annuity | 0.40% if < $ 1M, 0.35% if > $ 1M | 0.05%, waived in contracts over $1,000,000 | 0.20% | $35 ($30 in NY), waived in contracts over $50,000 | 0.07% - 1.81% | 0.60% | N/A | 100% |
19 | Jackson | Perspective Advisory II® | Variable Annuity | 0.45% if < $ 1M, 0.40% if > $ 1M | $ 0 | 0.20% | $35 if < $50k | 0.15% - 1.86% | 0.63% | N/A | 100% |
20 | Jackson | Marketprotector AdvisorySM | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 100% |
21 | Great American Life | Index Protector 5 MVA℠ | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10% |
22 | Great American Life | Index Protector 4℠ | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 5.6,5.6,5.6,5.6 | 10% |
23 | Protective Life | Investors Benefit Advisory VA | Variable Annuity | 0.30% | N/A | 0.20% | $35 < $100,000 | 0.11% - 1.545% | 0.77% | N/A | N/A |
24 | Pacific Life Insurance | Pacific Odyssey® | Variable Annuity | 0.15% | 0.15% | included in M&E charge | $0 | 0.28%-2.26% | 0.95% | N/A | 100% |
25 | Pacific Life Insurance | Pacific Index Advisory® | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 5YR - 7, 6, 5, 4, 3, 0% ; 7YR - 7, 6, 5, 4, 3, 2, 1, 0% | 10% |
26 | Midland National | IndexMax ADVSM 5 | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 6,6,5,4,3 (may vary by state) | 105 |
27 | Midland National | IndexMax ADVSM 7 | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 6,6,5,4,3 (may vary by state) | 10% |
28 | Pacific Life Insurance | Pacific Advisory Variable Annuity | Variable Annuity | 0.15% | 0.15% | 0.15% | $0 | 0.03% - 1.00% | 0.52% | N/A | 100% |
29 | Midland National | ConstanceSM CDA | Contingent Deferred Annuity | N/A | N/A | N/A | 1.10% - 2.30% | N/A | N/A | N/A | 100% |
30 | Jackson | Jackson Market Link ProSM Advisory | Index-Linked Annuity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 100% (MVA Applicable) |
31 | Allianz Life | Index Advantage Income ADVSM | Index-Linked Annuity | 0.25% | N/A | N/A | $50 (waived if Contract Value is at least $100,000) | N/A | N/A | N/A | 10% |
32 | American Life | American Classic MYGA | Multi-Year Guaranteed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 9,8,7,6,5,0% or 9,8,7,0% | N/A |
33 | Midland National | Oak ADVantageSM | Multi-Year Guaranteed Annuity | N/A | .75% at issue | N/A | N/A | N/A | N/A | 3% every year for 3, 5, or 7-year term | Prior year’s interest only |
34 | Great American Life | Advantage 5 Advisory | Multi-Year Guaranteed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 9, 8, 7, 6, 5 | 10% |
wdt_ID | Insurance Company | Product | Solution Type | Availability | Minimum Initial Investment | Maximum Issue Age | Max Total Contributions w/o Approval |
---|---|---|---|---|---|---|---|
1 | Allianz Life | Index Advantage ADV℠ | Index-Linked Annuity | 48 states (not NY,AK) | $10,000 | 80 | $1,000,000 |
2 | Allianz Life | Retirement Foundation ADV℠ | Fixed Indexed Annuity | 49 states (not NY) | $10,000 | 80 | $1,000,000 |
3 | Ameritas | Advisor No-Load VA | Variable Annuity | 49 states (not NY) | $2,000 | 85 | $1,000,000 |
4 | Ameritas | Compass SPIA | Single Premium Immediate Annuity | 50 states | $5,000 deposit or $ 50/Mo. Payout | 85 | $1,000,000 |
5 | Ameritas | SPDA 2000 | Single Premium Deferred Annuity | 50 States | $10,000 | 85 | $1,000,000 |
6 | Ameritas | Advisor II VUL | Variable Universal Life | 48 States (not CA or NY) | $100,000 | 80 | $10,000,000 |
7 | Ameritas | Value Plus Term Life Insurance | Term Life Insurance | 50 States | N/A | 80 | N/A |
10 | Great American Life | Index Protector℠ 7 | Fixed Indexed Annuity | 49 states (not NY) | $100,000 | 85 (inherited 75) | $2M to 75, $1.5M 76-80, $1M 81+ |
11 | Nationwide | New Heights® 9 | Fixed Indexed Annuity | 49 states (not NY) | $25,000 | 80 | $1,000,000 |
12 | Symetra | Advisory Edge | Fixed Indexed Annuity | 49 States (Not NY) | $10,000 | 85 | $1,000,000 |
13 | Symetra | Advisory Income Edge | Fixed Indexed Annuity | 49 States (Not NY) | $10,000 | 85 | $1,000,000 |
14 | TIAA Life | Intelligent Variable Annuity | Variable Annuity | 50 states | $2,500 | 88.5 | $1,000,000 |
15 | TIAA Life | Investment Horizon | Multi-Year Guaranteed Annuity | Not available in IL, IN, ND, OR, WA | $5,000 | 88.5 | $500k in a calendar year |
17 | Transamerica | I-Share II Variable Annuity | Variable Annuity | 50 states | $5k Non-Qualified; $1k Qualified | 90 | $1,000,000 |
18 | Jackson | Jackson Retirement Investment AnnuitySM | Variable Annuity | 50 States | $50,000 | 85 | $2,500,000 |
19 | Jackson | Perspective Advisory II® | Variable Annuity | 50 States | $25,000 | 85 | $1,000,000 |
20 | Jackson | Marketprotector AdvisorySM | Fixed Indexed Annuity | 49 States (not NY) | $25,000 | 85 | $2,500,000 |
21 | Great American Life | Index Protector 5 MVA℠ | Fixed Indexed Annuity | 48 states | $50,000 | 89 (inherited 75) | $2M to 75, $1.5M 76-80, $1M 81+ |
22 | Great American Life | Index Protector 4℠ | Fixed Indexed Annuity | 48 States | $50,000 | 90 (inherited 75) | $2M to 75, $1M 81+$2M to 75, $1.5M 76-80, $1M 81+ |
23 | Protective Life | Investors Benefit Advisory VA | Variable Annuity | 50 States | $5,000 | 85 | $1,000,000 |
24 | Pacific Life Insurance | Pacific Odyssey® | Variable Annuity | 49 states (NY has own version) | $25,000 | 90 (85 in NY and OK) | $1,000,000 |
25 | Pacific Life Insurance | Pacific Index Advisory® | Fixed Indexed Annuity | 49 states (not available in NY) | $25,000 | 85 | $1,000,000 |
26 | Midland National | IndexMax ADVSM 5 | Fixed Indexed Annuity | 47 states (more to come) | $50,000 | 85 | $1,000,000 |
27 | Midland National | IndexMax ADVSM 7 | Fixed Indexed Annuity | 47 states (more to come) | $50,000 | 85 | $1,000,000 |
28 | Pacific Life Insurance | Pacific Advisory Variable Annuity | Variable Annuity | 48 states (not NY or CA) | $25,000 | 90 | $1,000,000 |
29 | Midland National | ConstanceSM CDA | Contingent Deferred Annuity | 36 States + DC | $50,000 | 80 | $2,000,000 |
30 | Jackson | Jackson Market Link ProSM Advisory | Index-Linked Annuity | Not available in NY, OR, NE or HI at this time | $25,000 | 85 | $1,000,000 |
31 | Allianz Life | Index Advantage Income ADVSM | Index-Linked Annuity | 49 states (not NY) | $5,000 | 80 | $3,000,000 |
32 | American Life | American Classic MYGA | Multi-Year Guaranteed Annuity | AZ, CO, DC, HI, ID, IL, IA, IN, KS, LA, MI, MO, MT, NE, NV, NM, OH, OK, OR, TX, UT | $10,000 | 90 | $1,000,000 |
33 | Midland National | Oak ADVantageSM | Multi-Year Guaranteed Annuity | 49 States + DC (no NY) | $50,000 | 90 | $1,000,000 |
34 | Great American Life | Advantage 5 Advisory | Multi-Year Guaranteed Annuity | 48 states (more to come) | $50,000 | 89 (inherited 75) | $2M to 75, $1.5M 76-80, $1M 80+ |